Iran’s trade with EU was over €3 billion in the first 7 months of 2019 while it is only one-third of their commerce at the same period last year. However it reached the highest level on July 2019.
Europe export to Iran was €2.56 billion from January to July 2019, down 52%. On the other hand, Iran export to Europe was €453 million, down 93%.
Iran and Europe trade on July 2019 increased 16% compared with previous month. Europe exported €459 million to Iran (+20%) and Iran also exported €74 million to Europe (-8%).